Common use of Liability of the Company Clause in Contracts

Liability of the Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares as to which such approval shall not have been obtained. However, the Company shall use its best efforts to obtain all such approvals.

Appears in 9 contracts

Samples: Based Restricted Stock Unit Agreement (Career Education Corp), Restricted Stock Unit Agreement (Career Education Corp), Restricted Stock Unit Agreement (Career Education Corp)

AutoNDA by SimpleDocs

Liability of the Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer sale of any Shares Common Stock pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance nonissuance or transfer sale of the Shares Common Stock as to which such approval shall not have been obtained. HoweverThe Company, the Company however, shall use its best efforts to obtain all such approvals.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Action Performance Companies Inc), Main Street and Main Incorporated Stock Option Agreement (Main Street & Main Inc), Main Street and Main Incorporated Nonqualified Stock Option Agreement (Main Street & Main Inc)

Liability of the Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer sale of any Shares pursuant to this Agreement shall option will relieve the Company of any liability with in respect to of the non-issuance or transfer sale of the such Shares as to which such approval shall will not have been obtained. However, the Company shall use its best efforts to obtain all such approvals.

Appears in 4 contracts

Samples: Stock Option Agreement (XOMA Corp), Stock Option Agreement (XOMA Corp), Stock Option Agreement (XOMA Corp)

Liability of the Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares as to which such approval shall not have been obtained. However, the Company shall use its best commercially reasonable efforts to obtain all such approvals.

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Associated Banc-Corp), Non Qualified Stock Option Agreement (Associated Banc-Corp)

Liability of the Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Restricted Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Restricted Shares as to which such approval shall not have been obtained. However, the Company shall use its best efforts to obtain all such approvals.

Appears in 1 contract

Samples: Restricted Stock Agreement (Power Solutions International, Inc.)

AutoNDA by SimpleDocs

Liability of the Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer vesting of any Shares Restricted Stock pursuant to this Agreement Award shall relieve the Company of any liability with respect to the non-issuance nonissuance or transfer nonvesting of the Shares Restricted Stock as to which such approval shall was not have been obtained. HoweverThe Company, the Company however, shall use its best efforts to obtain all such approvals.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Radiologix Inc)

Liability of the Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer sale of any Common Shares pursuant to this Agreement shall option will relieve the Company of any liability with in respect to of the non-issuance or transfer sale of the Shares such shares as to which such approval shall will not have been obtained. However, the Company shall use its best efforts to obtain all such approvals.

Appears in 1 contract

Samples: Xoma LTD /De/

Liability of the Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance non‑issuance or transfer of the Shares as to which such approval shall not have been obtained. However, the Company shall use its best efforts to obtain all such approvals.. Exhibit 10.38 Restricted Stock Unit Agreement

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Career Education Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.